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Foundry Investment Fund invests in 3 life sciences startups

January 29, 2015 — WEST LAFAYETTE, Ind. - Officials with the Foundry Investment Fund announced Thursday (Jan. 29) that they closed three investments in the first year of the Fund's existence in life sciences startups based on Purdue intellectual property, innovations or expertise. Each investment happened to be for $200,000 and was made as a sidecar match to larger institutional investments in the companies. Read More

Purdue Chao Center to increase pharmaceutical production, collaborate with health services firm

January 14, 2015 — WEST LAFAYETTE, Ind., and KNOXVILLE, Tenn. – The Chao Center for Industrial Pharmacy and Contract Manufacturing will increase its pharmaceutical development and production to include other drugs for niche markets in addition to its current manufacturing of Cycloserine Capsules USP, a global drug developed by Eli Lilly and Co. used to treat multidrug-resistant tuberculosis. Read More